Search found 5545 matches

by Fallible
Fri Dec 02, 2016 9:32 pm
Forum: Investing - Theory, News & General
Topic: How many books should i read for long term investing.
Replies: 22
Views: 939

Re: How many books should i read for long term imnvesting.

OK then , I 'll check them out. All that knowledge is really worthless to you if you can't control your emotions. It's what happens all too often, but how else are you to learn self-control without acquiring the necessary knowledge? That's why the Bogleheads' philosophy is basically about self-cont...
by Fallible
Fri Dec 02, 2016 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Not happy with my realtor
Replies: 48
Views: 4129

Re: Not happy with my realtor

I'm a buyer and he's shown me 5 or 6 houses. I'm looking in a particular and relatively small neighborhood. Would it be unreasonable or inappropriate for me to ask him to contact the homeowners there to see if any might be interested in selling? Maybe I should stop thinking of him as my advocate. T...
by Fallible
Fri Dec 02, 2016 4:15 pm
Forum: Investing - Theory, News & General
Topic: How many books should i read for long term investing.
Replies: 22
Views: 939

Re: How many books should i read for long term imnvesting.

Hi, As a long term investor who just wants to get market returns,should I read any more books then The bogleheads guide to retirements and investing? I have the time, to read more , but should I really bother? I think that I might get influenced or steered in a different directions by some other bo...
by Fallible
Fri Dec 02, 2016 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Not happy with my realtor
Replies: 48
Views: 4129

Re: Not happy with my realtor

boglerocks wrote:I'm to the point where I'd like to change realtors (although I don't have another one in mind). I feel like it's me vs my realtor instead of us together vs the market. ...


It's hard to advise without knowing what you mean by "me vs my realtor..." Can you provide details?
by Fallible
Wed Nov 30, 2016 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2584

Re: "behavioral" not financial approach to paying down/off credit cards?

White Coat Investor wrote:....
It's my opinion that if you've ever carried a balance on a credit card, you shouldn't be using a credit card at all. They're really not for credit, but rather for convenience.


True, but the convenience is based on the credit, as the credit card companies well know.
by Fallible
Wed Nov 30, 2016 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 107
Views: 9800

Re: Feeling like you've "made it"

I'm worried about my financial future at a point when I thought such anxieties would go away. I'm 30, my wife is 28, and I know we're in very good shape by any objective measure: educated, good health, $500k net worth, 50% savings rate, and I recently hit a target in my career that should set me up...
by Fallible
Mon Nov 28, 2016 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2584

Re: "behavioral" not financial approach to paying down/off credit cards?

It will help a lot if he understands what kind of behavior got him into debt. He'll need to correct that in order to not only get out of debt, but to stay out. As you said, the behavioral approach is needed.
by Fallible
Sat Nov 26, 2016 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 6573

Re: Investing in the 80's when CD rates were 17%?

Did anyone here avoid the stock market altogether when CD's were at historic highs (17%)? Over Thanksgiving, a retired (70 something) relative of mine was sharing how he is jealous of his good friend who has always avoided the stock market and instead invested only in CD's...even to this day. Obvio...
by Fallible
Sat Nov 26, 2016 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: My Bonds Are Enraging Me
Replies: 43
Views: 5197

Re: My Bonds Are Enraging Me

Today was my second full day in the market. While I'm happy to see returns of $974.24 on my VFIAX and $881.93 on my VEXAX, my total bond fund (VBTLX) has lost me $138.06. This enrages me! Should I switch to consumer staples (VDC) as a bond substitute??? Thanks everyone. I have much to learn. I thin...
by Fallible
Wed Nov 23, 2016 9:31 pm
Forum: Investing - Theory, News & General
Topic: Q&A With Jack Bogle: ‘We’re in the Middle of a Revolution’
Replies: 26
Views: 3669

Re: Q&A With Jack Bogle: ‘We’re in the Middle of a Revolution’

Great interview, sharp questioning that brought out the best of Jack, from his wisdom to his sense of humor: MR How much satisfaction in your life comes from ideas, and proving them in practice, rather than padding your own pocket? JB Let’s leave the “rather than” out for a minute. I’ve always been ...
by Fallible
Tue Nov 22, 2016 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: I just fired my son - trying to teach about hard work and money
Replies: 37
Views: 3854

Re: I just fired my son - trying to teach about hard work and money

A lot of good stuff here. Thank you. I'll rework my approach for next time, try some immediate payment and positive reinforcement. :sharebeer Just a thought, but why not involve the whole family, mom and all the kids, in achieving a new approach? The seven-year-old may not fully understand why he q...
by Fallible
Tue Nov 22, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: I just fired my son - trying to teach about hard work and money
Replies: 37
Views: 3854

Re: I just fired my son - trying to teach about hard work and money

I do some side work at home repackaging small signs for an Amazon seller. For the last few days, with my kids on break, I've enlisted their help. The older ones are able to attach the needed stickers and the younger ones are able to stack them into the boxes and help with packaging. I pay them a fe...
by Fallible
Mon Nov 21, 2016 6:05 pm
Forum: Forum Issues and Administration
Topic: Thanks BH for a non-political oasis
Replies: 23
Views: 2335

Re: Thanks BH for a non-political oasis

I read a comment by David Jay that made me want to thank the forum moderators for keeping this . I'm sure that many of us have strong feelings about the election, but it is nice to come to a place where those thoughts and feelings are OT. :sharebeer Well put, and I thank the moderators and also the...
by Fallible
Sun Nov 20, 2016 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: I market timed & learned. Any Advice?
Replies: 52
Views: 5268

Re: I market timed & learned. Any Advice?

DontTimeIt, What you want to look for and learn from are the underlying mistakes that led to the market timing because identifying and understanding those mistakes are far more important for your investing future than in focusing on which way to get back in the market now. A clue to those underlying...
by Fallible
Sun Nov 20, 2016 5:06 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements Words of Wisdom
Replies: 12
Views: 2390

Re: Jonathan Clements Words of Wisdon

More words of wisdom from Jonathan Clements plus a shoutout to the bogleheads.org forum. http://www.jonathanclements.com/home/2016/11/18/dont-bother-reading-this This article brings up one of the difficulties I have in converting people to Bogleheadish principles . I usually wind up saying somewher...
by Fallible
Sat Nov 19, 2016 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Market Timing And Tilting?
Replies: 14
Views: 731

Re: Market Timing And Tilting?

... Don't get caught up in many of the postings that say that one is market timing just because one buys and sells investments when the market goes up and down. Market timing as I understand it is buying and selling based not just on when the market goes up and down, which we all know it will, but ...
by Fallible
Sat Nov 19, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: 5 reasons the rich are better investors than average Joe
Replies: 31
Views: 7342

Re: 5 reasons the rich are better investors than average Joe

I just came across this while crusin' around financial stuff. I thought it worthwhile to share....hope you enjoy reading it. http://www.investopedia.com/articles/investing/011216/5-reasons-rich-are-better-investors-average-joe.asp ... Here is a better sourced and, IMO, better written article on the...
by Fallible
Sat Nov 19, 2016 12:26 pm
Forum: Investing - Theory, News & General
Topic: How a friend legally front-ran the market and made millions
Replies: 29
Views: 4865

Re: How a friend legally front-ran the market and made millions

Interesting, but how do you know for certain that the guy made millions? I didn't see that a source for that figure so that's why I'm wondering.
by Fallible
Fri Nov 18, 2016 7:35 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements Words of Wisdom
Replies: 12
Views: 2390

Re: Jonathan Clements Words of Wisdon

Jonathan writes: "The reality is, managing money is best when it is simplest. And yet, if you take the financial world, strip out the nonsense, focus on the simple truths and make them understandable to everyday Americans, readers will complain that “I knew that already” or “that’s obvious”—and...
by Fallible
Thu Nov 17, 2016 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: problems with broker - can I file a complaint?
Replies: 19
Views: 2262

Re: problems with broker - can I file a complaint?

I... It is quite possible that my ex hasn’t sent in his papers. But if this is the reason, it would be helpful if she would tell me so that I could get my lawyer involved. ... Have you asked her if your ex-husband sent in his papers and, if not, whether that is holding things up and what she can or...
by Fallible
Sun Nov 13, 2016 11:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet Nov. 12, 2016
Replies: 41
Views: 3754

Re: Minnesota Bogleheads Meet Nov. 12, 2016

Holy cow Jeff mc! How did you gather together 90 Bogleheads up there in the frigid north - what's happening up there in Minnesota that the rest of us don't know :shock: And what are all those little moons doing swirling around your MN Boglehead Universe on your diagram? 8-) We're a social bunch up ...
by Fallible
Fri Nov 11, 2016 12:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet Nov. 12, 2016
Replies: 41
Views: 3754

Re: Minnesota Bogleheads Meet Nov. 12, 2016

Are you a member of the sandwich generation - possibly with responsibilities for your parents as well as children? Are you the sibling of the family who is joint on bank accounts with elderly parents? If you don't know the rules - and I didn't - it can lead to adverse consequences. This is especial...
by Fallible
Sat Nov 05, 2016 9:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet Nov. 12, 2016
Replies: 41
Views: 3754

Re: Minnesota Bogleheads Meet Nov. 12, 2016

The Minnesota Bogleheads' chapter will hold its quarterly meeting on Saturday, Nov. 12, 2016 from 9:30 a.m. to 11:30 a.m. at the Ridgedale Library in Minnetonka. All meetings are free and open to the public and new members are always welcome, so please join us. If you have questions, just post to t...
by Fallible
Fri Nov 04, 2016 8:28 pm
Forum: Personal Consumer Issues
Topic: New Dentist - Lots of Recommended Work
Replies: 55
Views: 4747

Re: New Dentist - Lots of Recommended Work

A year ago, my dentist told me he did not like what he saw on my tooth, thought it was makings of a cavity, used the stick test. I told him do xray show a cavity, nope, no dark spot, I said let's wait till next visit. Six months go by, no problem with stick test, no cavity, fast forward another six...
by Fallible
Fri Nov 04, 2016 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning (90 and 93 year old)
Replies: 23
Views: 2011

Re: Estate Planning (90 and 93 year old)

Hi! I just wrote a few weeks ago about my parents so I'm now writing about my grandparents! My grandparents (may they live forever!) are 90 and 93, just celebrated their 70th wedding anniversary, and they are in generally pretty good health. Their net worth (including their two properties) is appro...
by Fallible
Fri Nov 04, 2016 5:12 pm
Forum: Personal Consumer Issues
Topic: New Dentist - Lots of Recommended Work
Replies: 55
Views: 4747

Re: New Dentist - Lots of Recommended Work

Definitely get a second opinion, and in case the first one was correct or even partially correct, get it as soon as you can. A few years ago, I had a dentist tell me I had a cavity. A month later, I happened to see another dentist to check on previous work he had done on another tooth. I decided to ...
by Fallible
Thu Nov 03, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Advice Needed!
Replies: 8
Views: 473

Re: Investing Advice Needed!

To anyone reading, I just started investing this year. My money is in both Vanguard Total Stock index and Vanguard Total Bond Index (Roughly 80/20 at this point in time). All I hear and see lately is people insisting that the market is due to crash at some point soon, and even more uncertainty arou...
by Fallible
Tue Nov 01, 2016 7:27 pm
Forum: Investing - Theory, News & General
Topic: Indispensable Quinn Talk Plenty Good
Replies: 16
Views: 1742

Re: Indispensable Quinn Talk Plenty Good

I was puzzled that in the Q&A session, someone asked (paraphrasing): "Should I buy ExxonMobil now?" She was too kind in her answer because her talk basically said "Invest in index funds. Don't invest in individual stocks." Her answer should have been, "Were you listenin...
by Fallible
Tue Nov 01, 2016 7:23 pm
Forum: Investing - Theory, News & General
Topic: Indispensable Quinn Talk Plenty Good
Replies: 16
Views: 1742

Re: Indispensable Quinn Talk Plenty Good

Enjoyed the video and thanks for posting that and all the links and background. I started reading Quinn in the late '90s and I credit her, along with Jonathan Clements and Jack, with keeping me away from tech. Her latest book is one of the best I've read on annuities and adjusting to retirement. Wis...
by Fallible
Tue Nov 01, 2016 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Astra Capital Management
Replies: 8
Views: 765

Re: Astra Capital Management

I agree you should try Vanguard's PAS.

Also, knowing how much risk you want to take and still be able to sleep nights is a basic of wise investing, of finding an asset allocation that is right for you. It's something we all must know about ourselves.
by Fallible
Sun Oct 30, 2016 12:16 pm
Forum: Investing - Theory, News & General
Topic: Developing Muscle Memory [Investing]
Replies: 4
Views: 631

Re: Developing Muscle Memory [Investing]

Would having a new investor transfer $15-$20.00 a week into a settlement account such as VG's Prime MM be a good way to get someone in the habit of consistently investing? They wouldn't be actively investing just yet, just pooling up cash. It might be, but is there a problem you're trying to solve?...
by Fallible
Sat Oct 29, 2016 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: AA Too Conservative?
Replies: 12
Views: 1645

Re: AA Too Conservative?

dbr, you said: To refine the situation one would have to think what the money is for, how bad it would be to have larger rather than smaller fluctuations in value, what exactly your rate of withdrawal is, what sort of contingency you might have for need of the money, whether you want to invest to g...
by Fallible
Sat Oct 29, 2016 12:29 pm
Forum: Personal Consumer Issues
Topic: retirement woes
Replies: 8
Views: 1840

Re: retirement woes

I thought I would retire next year and had started to think about retirement in fuzzy ways but knew I had some time to think deeply about the topic. However, I was able to get out of a contractual obligation and retired 2 months ago. ... You've been retired only two months so just give yourself mor...
by Fallible
Fri Oct 28, 2016 5:14 pm
Forum: Forum Issues and Administration
Topic: Wiki Home Page [The wiki as this site's home page]
Replies: 29
Views: 1822

Re: Wiki Home Page

Hi: Our Canadian confreres arrived at the following solution for the Financial Wisdom Forum: Financial Wisdom Forum – Where investors meet for financial education and empowerment . regards, Thanks for posting the Canadian site and I'm sorry to admit that I haven't seen it until now. It brings the f...
by Fallible
Fri Oct 28, 2016 12:02 pm
Forum: Forum Issues and Administration
Topic: Wiki Home Page [The wiki as this site's home page]
Replies: 29
Views: 1822

Re: Wiki Home Page

Thanks for the replies. CABob wrote: The first link it the one I go to if I want to post or review posts. It is the one I consider to be the home page. It is reasonable to think that a new visitor to the forum would be interested in this main page if they wanted to ask a question or review other co...
by Fallible
Thu Oct 27, 2016 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Adviser Advice-FormulaFolios
Replies: 23
Views: 2056

Re: Financial Adviser Advice-FormulaFolios

... Again thank you all for advice and I plan on going slow. Windfall could arrive any day now  When the windfall arrives, please put it into one of the safe accounts mentioned in the wiki and by some posters here. Then you can go as slow as you need to while learning more about various investment...
by Fallible
Tue Oct 25, 2016 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Financial Adviser Advice-FormulaFolios
Replies: 23
Views: 2056

Re: Financial Adviser Advice-FormulaFolios

A financial advisor recommended a FormulaFolios account to my wife and I. He states its low risk. Recommends moving Janus joint acct 100k into it and also Wells Fargo GE stock 700k into it. I have searched this forum for posts on it and have found zero. I would appreciate any input anyone has on th...
by Fallible
Mon Oct 24, 2016 4:16 pm
Forum: Personal Consumer Issues
Topic: Declining Service Expectations. Are there any excellent companies still out there?
Replies: 81
Views: 6232

Re: Declining Service Expectations. Are there any excellent companies still out there?

Good customer service is where you find it, hit and miss, and it probably will always be that way. When you don't find it, there seem to be many reasons for it, from managers who don't understand what it is or its monetary value, to poorly trained staff, to understaffing, to individual employees who...
by Fallible
Sun Oct 23, 2016 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Unhappy with job, thoughts on my options?
Replies: 12
Views: 1759

Re: Unhappy with job, thoughts on my options?

Considering the deep unhappiness you describe, you really can't remain in your current job, either for your own good or for others around you who likely sense your feelings and may be affected by them. The options you've nicely laid out seem quite thorough and it's now a matter of what the final dec...
by Fallible
Sun Oct 23, 2016 1:02 pm
Forum: Investing - Theory, News & General
Topic: Who disagrees with Jack. . .
Replies: 73
Views: 5451

Re: Who disagrees with Jack. . .

It is a serious mistake to literally follow the dictums of any one person unless one also arrives at that decision by a body of reasoning and analysis. Put differently, whether or not one "disagrees" with Jack is irrelevant. I would suggest that one take Mr. Bogle's wisdom on the whole qu...
by Fallible
Sun Oct 23, 2016 8:38 am
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet Nov. 12, 2016
Replies: 41
Views: 3754

Re: Minnesota Bogleheads Meet Nov. 12, 2016

Minnesota97 wrote:I RSVPd and look forward to attending my first local BH meet-up! Thanks to those who organize this.


It's great to see first-timers at the meetings. We look forward to meeting you!
by Fallible
Sun Oct 23, 2016 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Question about investing based on when you think you'll need the money
Replies: 17
Views: 1747

Re: Question about investing based on when you think you'll need the money

I checked the wiki there isn't really much info on this, Is there a simple guideline when it comes to investing based on length of time you plan to keep the money there? For example I don't think anyone would suggest investing the money at all if you think you'll need it in 1-2 yrs, What about 5 yr...
by Fallible
Sat Oct 22, 2016 10:33 am
Forum: Personal Consumer Issues
Topic: Pet meds
Replies: 22
Views: 1273

Re: Pet meds

Thanks for the responses. I'll go to work checking the ideas mentioned and watch for any further ideas. The dog is a great dog but it seems to come up with health issues, probably a better term would be treatable conditions. Left untreated the animal would be miserable but so far there have been me...
by Fallible
Fri Oct 21, 2016 11:13 pm
Forum: Personal Consumer Issues
Topic: Pet meds
Replies: 22
Views: 1273

Re: Pet meds

My sister has a dog that has a number of medical issues and the dog's vet has prescribed some really expensive meds. She is very attached to the dog so we really are hoping to find a quality source where she could get the meds at a lower price than the vet and local drugstores charge. Any suggestio...
by Fallible
Fri Oct 21, 2016 9:20 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2008
Views: 516840

Re: What Book Are You Currently Reading? Part VI

Alexander Hamilton , by Ron Chernow. This is a very detailed biography. It covers Hamilton's youth, his Army service in the Revolutionary War, his many contributions to the formation of the Constitution and to legislation during the first years under the Constitution. I was not aware how quickly th...
by Fallible
Thu Oct 20, 2016 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help for Grandparent
Replies: 9
Views: 941

Re: Help for Grandparent

Agree on the need for POA for finances and also for health care. You say she is slowing down a little every year year, but is it physically, mentally or both and does it seem to be beyond normal aging? Whatever, health expenses will largely dictate how she invests and withdraws so if she has not had...
by Fallible
Thu Oct 20, 2016 1:36 pm
Forum: Investing - Theory, News & General
Topic: The long run is a collection of short runs
Replies: 5
Views: 550

Re: The long run is a collection of short runs

http://www.collaborativefund.com/blog/the-long-run-is-just-a-collection-of-short-runs/ In this post Morgan Housel says you may not enjoy the benefits of the long-term if you are unprepared for any one short-term. I am trying to decide if this is profound or obvious or both . ... Morgan Housel is, I...
by Fallible
Thu Oct 20, 2016 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Letter from Broker at EJ [Edward Jones]
Replies: 40
Views: 5902

Re: Letter from Broker at EJ

What a gift! This is the perfect time to move after doing a good study of the costs involved in having funds at EJ. Search for other threads on people wanting info on how to get away from EJ and the dozens of high-ER funds they have. Take some time to study where and how much you are paying them co...
by Fallible
Tue Oct 18, 2016 8:29 pm
Forum: Personal Consumer Issues
Topic: Non-reciprocated Gift Giving?
Replies: 21
Views: 1595

Re: Non-reciprocated Gift Giving?

... But then again, I don't know how others would take this. I definitely don't want anyone to feel obligated to reciprocate (my strong feeling is nobody will even in the years to come), but also at the same time I'm wondering if I'm kind of setting myself up to be the family putz in a sense and fi...
by Fallible
Tue Oct 18, 2016 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: When One is Sentimental About Investments
Replies: 13
Views: 931

Re: When One is Sentimental About Investments

The inheritance is recent and if he understands why he's being "silly" financially then he'll probably make adjustments on his own. Give him time and realize that sentimentality can also be part of grieving. When he feels ready to make a move, he could keep a small portion in the fund if t...

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